CCL 0.00% $13.30 coca-cola amatil limited

On my charts it is still holding above its long term trend line...

  1. 222 Posts.
    On my charts it is still holding above its long term trend line its been using as support the last few months. If it closes below $12.10 then on my charts it is below the trend-line and a sell for me. My indicators I use are not looking good either.

    I have disclosed a sentiment of none as I see whether the trend line holds. I am interested to see if it tests that 50% Fibonacci level and uses that as resistance since it gapped down from just above it. Also interesting to note is that it hasn't closed below the 38.2% fibonacci line in its recent fall showing this level as good support. Hence at the moment I couldn't really say I'm bearish or bullish but just need to see how this plays out for now.



    *No trading/investment advice intended.
 
watchlist Created with Sketch. Add CCL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.